A Guide To Choosing Your Residential Conveyancing Solicitors
Residential Conveyancing Solicitors: what they do, why you need them, and how to choose one.
There is so much to think about when property transactions are taking place that it can be overwhelming – but with an experienced team of experts behind you there’s no need to worry. Many first time home buyers find themselves asking – what is a conveyancing lawyer, why do I need a property solicitor, isn’t a real estate agent all I need?
These questions and more will be answered below but the best tip we can give you is to make sure you understand each necessary role in your property transfer to ensure you get the best possible outcome.
Residential Conveyancing Solicitors for First Home Buyers
Much of the information out there can be less than easy reading, and if mistakes or misunderstandings happen it can cause significant stress, and be costly in the long run.
We work with many first home buyers to navigate the ins and outs of what buying a home can entail, and can help you with all the legal aspects of buying your first home including the Kāinga Ora First Home Grant.
The Basics – what is a conveyancing lawyer?
A residential conveyancing solicitors’ role during a property transfer is to make sure that each party has their concerns heard and adequately answered before the transaction is undertaken. This provides security of legal guidance during the process.
What is the difference between a conveyancer and a lawyer?
The primary difference between residential conveyancing solicitors and the general term ‘lawyer’ is that is that a property conveyancer is more focussed on the legal process of the transfer of ownership of property between parties, whereas the term ‘lawyer’ implies someone who could provide a broader spectrum of legal services.
Can any lawyer do a residential conveyancing solicitors’ job?
All residential conveyancing solicitors are lawyers – they have a law degree and the correct licence to practice law. However, some lawyers may choose not to practice as conveyancing lawyers just as some conveyancing lawyers may choose not to practice family law.
Here at Quay Law we have the ability to help you with a wide range of legal services from conveyancing to estate planning, relationship property to immigration. Click here to see how Quay Law can help.
The Why – why do I need a property solicitor?
Because they play a crucial part in making sure a property transaction is fair, legal, and doesn’t unfairly disadvantage one party or another.
A residential conveyancing solicitors’ responsibility is to oversee the legal transmission of property ownership from one party to another – this is a legally binding and often complex legal process. Residential conveyancing lawyers need to oversee the legal framework, the purchase agreements, due diligence, and more – there is no margin for error.
Can you do your own conveyancing NZ?
You need some kind of conveyancing advice form a legal professional, and even if you are one yourself it’s advised that you seek a trusted third party to do the official conveyancing. While it’s not a legal requirement you should never sign a contract – especially one as large and important as a property transfer – without independent legal advice.
The How – how do I find a residential conveyancing solicitor?
Ask friends, family, and your estate agent for their experiences with residential conveyancing solicitors. Getting a broad range of opinions can help you start your journey before you have even found a property to put an offer on.
Look online, there are a lot of residential conveyancing solicitors out there and finding the right one might start by just looking us up!
The Details – how to choose a residential conveyancing lawyer?
When choosing your conveyancing partner, it is important to choose one who will work well for your situation. For example, if you’re looking to buy residential, conveyancing solicitors with experience in residential transactions is key – it doesn’t matter if they’re the best at industrial conveyancing if you want a family home.
Luckily, Quay Law can act as both commercial and residential conveyancing solicitors.
Is it best to use a local property lawyer?
While your residential conveyancing solicitor’s local knowledge and experience can benefit you during the transaction, conveyancing does not require specialist local knowledge and it’s very common for clients to source a property lawyer in other parts of the country. Here at Quay Law, we are proud to say that we can help New Zealanders across the country with conveyancing, as geographical location does not impact on the services we provide.